Ontology highlight
ABSTRACT:
SUBMITTER: Currie JM
PROVIDER: S-EPMC7514077 | biostudies-literature | 2020 May
REPOSITORIES: biostudies-literature
Currie Janet M JM Macleod W Bentley WB
Econometrica : journal of the Econometric Society 20200501 3
Treatment for depression is complex, requiring decisions that may involve trade-offs between exploiting treatments with the highest expected value and experimenting with treatments with higher possible payoffs. Using patient claims data, we show that among skilled doctors, using a broader portfolio of drugs predicts better patient outcomes, except in cases where doctors' decisions violate loose professional guidelines. We introduce a behavioral model of decision making guided by our empirical ob ...[more]